DESPITE challenges, when the National Software and Services Companies (NASSCOM) of India, the premier trade body and chamber of commerce of the IT business-processing outsourcing, (BPO) industries in India and the top Nigerian IT CEOs gathered in Lagos last week for IT Future 2010: the Nigeria-India IT CEO Summit; it was obvious that the Nigerian market place is where to be for off shoring and outsourcing businesses.
A cross section of participants at the just concluded Nigeria-India IT CEO summit 2010. Photos by Emeka Aginam
The event with the theme: Empowering IT CEOs for ofshoring and outsourcing projects is part of the broad strategy to empower Nigeria IT CEOs in collaboration with its international counterparts to tap into the huge potentials for IT/BPO outsourcing growth in Nigeria.
Running in its 5th series, the IT Future is part of the commitment of ITAN to retool the Nigerian ICT industry industry for global competitiveness in the 21st century knowledge economy.
For one thing, the IT CEO summit may have succeeded in bringing ICT industry stakeholders together for the purposes of networking, broad synergy, capacity enhancement and strategic focus on the huge current and future potentials of the IT industry to enable, empower, and enrich the Nigerian economy.
Attracting no fewer than 24 Indian IT CEOs from the National Association of Software and Services Companies of India, the summit is a follow-up to the recent workshop by the National Economic Management Team (NEMT) and the World Bank aimed at growing the Nigerian Business Process Outsourcing sector with the aim of creation jobs and wealth as part of broad strategy for the realisation of the Millennium Development Goals and the attainment of the Nigerian Vision 20: 2020.
However, even as the current demand for offshored services come from developed economies, speaker after speaker at the summit organized by the Information Technology (Industry) Association of Nigeria (ITAN) in conjunction with the National Office for Technology Acquisition and Promotion (NOTAP), the World Bank, the National Information Technology Development Agency (NITDA) and the World Information Technology and Services Alliance (WITSA) Africa Regional Secretariat with optimism agreed that Nigeria can be transformed into Africa’s offshoring hub if the opportunities are well utilized.
While most speakers believed that offshoring is likely to create billions of jobs globally primarily for the youths, the summit among things looked at the following:
*Progressive development of the Nigerian internal outsourcing businesses and industry
*Locking-in of Nigeria as the hub of IT-BPO in Sub-Saharan Africa as it meets the Indian Investors’ desire to serve Europe and America ITES ever-growing market
*Match-making Indian and Nigerian IT CEOs in a B2B for investment, partnership and networking.
*Exposure of more CEOs to the Off-shoring and Outsourcing business potentials
*Exposure of IT CEOs to critical IT funding sources and opportunities
*Improving on IT CEOs project management competencies
*Collection of important up-to-date industry data.
Meanwhile, the ITAN President Dr Jimson Olufuye earlier in his address told the capacity audience that Nigeria is the nation to be in Africa for investment. “We have abundant and cheap human resources, big market, stable government and a near double digit economic growth. Therefore, you should congratulate yourselves for being in Nigeria today. This is where to be in Africa nowhere else will give you peace of mind for your investment than Nigeria.
“Given the enormous human and natural resources at our disposal, we only need to add critical and sustainable managerial and technological competencies to achieve the desired results to create jobs, increase information flow and advance learning; thereby enabling, empowering and enriching our economy”
While encouraging the Indian CEOs who were on ground to explore the Nigerian market, he said that the timing of event coincides with the urgent search by the Federal Government of Nigeria for avenues to substantially increase internally generated revenue (IGR) at all levels of governance in the country, adding that no service sector offers a better opportunity for achieving this than outsourcing.
For Ani Bakht, CEO, Eastern Software who is also the leader of delegation of NASSCOM, with optimism noted that the country’s market is very attractive for foreign vendors.
According to him, India will continue to work closely with Nigerian IT professionals, adding that developing ICT professional services offshoring opportunities should be a high priority for developing country such as Nigeria.
“We are ready to work with the Nigerian companies. The market is big. Nigeria is a big economy. The environment is good contrary to what is being heard outside the country. We will explore the market and will comply by the rule of the game. Countries wishing to attract offshored investment must create strong economic and good environment” he said.
In the view of Dr Umar Binodir, the Director-General, National Office for Technology Acquisition and Promotion, (NOTAP), foreign vendors coming to Nigeria for technology transfer must abide by the rule of the game, adding that Nigeria was ready to collaborate with NASSCOM.
According to him, the rule of the game is that is is now compulsory for foreign investors to strictly adhere to the laws guiding technology transfer to achieve easy entry into the Nigerian market. “There are new laws and regulations sponsored by the Federal Goverment of Nigeria through National Office for Technology Acquisition and Promotion (NOTAP for Technology Transfer agreements” he added.
Even as he sounded tough to NASSCOM members of the rule of the game, he noted that it is the mandate of NOTAP to register all technology transfer agreements having effects in Nigeria.
“It is a corporate body with a mandate to implement the acquisition, promotion and development of technology and at the same time correct certain imperfections in the acquisition of foreign technology into the country. In 1992, the name of the Office was changed to National Office for Technology Acquisition and Promotion (NOTAP) by Decree No. 82 of 1992″ he said.
Similarly, the former President of Computer Professionals Registration Council of Nigeria, (CPN) Prof. (Mrs) Adenike Osofisan while warning foreign vendors on illegal operations in the country
noted without mincing words that foreign IT companies interested in investing in Nigeria must register with the Computer Professionals’ (Registration Council) of Nigeria (CPN). That is the rule of the game, added.
“We encourage NASSCOM to invest in Nigeria which has continued to attract foreign investors as a result of the large market but the rules are there. Nigeria is a good place to invest as long as you follow the guidelines” she explained.
Meanwhile, the summit after series of deliberations that on the following to chart an effective roadmap for ITES/BPO outsourcing sector for a robust and sustainable Insourcing & outsourcing industry in Nigeria:
*There is need for CEO’s of IT companies and IT heads of banks/ telecoms etc to undertake Quality Awareness training towards the attainment of global quality standards.
*ITAN and NASSCOM will partner to articulate an appropriate framework for IT – BPO outsourcing in Nigeria while avoiding drawbacks in the NASSCOM experience.
*Nigeria needs to adopt process, quality models, framework and certifications such as CMMI. Quality creates the foundation for the growth of IT/BPO industry. Quality itself is not the differentiator but creates conditions for differentiation.
*Process is the glue between people and Technology. Therefore People, Processs and Technology form the success indices for organisational performance. These critical factors must be addressed adequately.
*There is a dearth of critical Nigerian IT industry data and there is need for ITAN to spearhead periodic collation of such data desirous for investment and industry growth.
*The potential for reduction in overseas (especially in US) outsourcing business is increasing and as such there is need to grow internal outsourcing businesses through the development of white papers and advisory to government throughout Nigeria.
*The state of the Nigerian educational system is not impressive based on global universities standards and ratings. There is therefore need for University administrators in Nigeria to make the universities visible on the internet, shore-up the educational standards and collaborate with the industry associations (eg ITAN) to enhance digital competitiveness.
* Innovation and creativity are key to Nigeria’s realization of Vision 20 2020 and competing beyond 2020.
*There are new laws and regulations sponsored by the Federal Goverment of Nigeria through National Office for Technology Acquisition and Promotion (NOTAP for Technology Transfer agreements. It is compulsory for foreign investors to strictly adhere to these laws to achieve easy entry into the Nigerian market.
*Foreign IT Companies interested in investing in Nigeria must register with the Computer Professionals’ (Registration Council) of Nigeria (CPN) and participate actively in building local IT Industry capabilities through corporate membership of ITAN and individual membership of the Nigeria Computer Society (NCS).
*There is need to create a software system that will capture, evaluate and monitor basic infrastructure lapses in all the local government areas of Nigeria and NOTAP will provide support for these efforts critical to combating the high poverty levels in Nigeria.
Source:http://www.vanguardngr.com/2010/09/nigeria-india-it-ceo-summitexposing-nigerian-market-to-foreign-investors/

